Tata Steel presently trades at Rs 233.55, down by 13.20 points or 5.35% from its previous closing of Rs 246.75 on the BSE.

The local equities market saw range-bound movement with divergent trends in the pre-noon session in the absence of support from the overseas markets.

The Tata Group-promoted energy entity Tata Power Company (TPC) has acquired legal recourse against Reliance Power, which has been allowed by the government to switch coal from the captive mines of Sasan Ultra Mega Power Project (UMPP) for use in other projects.

Ahluwalia Contracts India has been very lately given different contracts, aggregating to Rs.394.01 crore.

The announcement on a popular business TV channel that the government may announce the second fiscal stimulus package after market hours today boosted the indices.

Recessionary trends impacts the Pune’s auto sector including thousands of small ancillary units that have suffered set backs in terms of reduced business.

Tata Group and Tamil Nadu Industrial Development Corporation — Titan Industries, with their joint venture has showcased its 29th Gold Plus outlet in Kancheepuram, Tamil Nadu.

Tata Coffee expected to attain brands in Russia till sometime back and planned to sell its instant coffee brand in the country.

The entirely owned subsidiary of Tata Steel — Jamshedpur Utilities and Services Company (Jusco) — has achieved a water management contract in Mysore city from Mysore City Corporation and Karnataka Urban Water Supply and Drainage Board. The contract is worth Rs 152 crore.

Tata Steel has brought forth its combined monetary results for the quarter ended September 30, 2008